USD to NZD - Compare Exchange Rates

United States Dollar to New Zealand Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees.
These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

Compare USD/NZD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from USD to NZD. The total costs are calculated against the latest mid-market rate.

Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.

Rate snapshot: 02/22/2019

The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the US as licensed money transmitters. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.

Rate snapshot: 02/22/2019

USD to NZD mid-rate = 1.4619

Right now the USD/NZD market mid-rate is 1.4619
and represents ideally how many New Zealand Dollar you can get for one United States Dollar.

This USD/NZD Converter calculates equivalent United States Dollar to New Zealand Dollar amounts at the market mid-rate:

United States Dollar to New Zealand Dollar (USD-NZD) - 10 Year History

The below table shows the historic variation in the USD/NZD exchange rate over the last 10 years.
The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
You can also view our various charts of USD versus other currencies : USD historical charts.

Date

Exchange Rate

Period

Change

22 Feb 2019

1.4627

Latest

15 Feb 2019

1.4565

1 Week

+0.43%

23 Jan 2019

1.4722

1 Month

-0.65%

26 Aug 2018

1.4925

6 Months

-2%

22 Feb 2018

1.3659

1 Year

+7.09%

22 Feb 2017

1.3927

2 Years

+5.03%

23 Feb 2014

1.2085

5 Years

+21.03%

24 Feb 2009

1.9548

10 Years

-25.17%

Why can't I just get the USD/NZD market rate I see on Google or in the Media?

The USD/NZD mid-rate is the rate you will see
Quoted on Google
or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between
the last rate at which the USD / NZD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin
you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for
travel money and possibly over 5% to 6% when sending money.
The exact potential savings depends on the currencies being exchanged and the amount
you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/NZD midrate the better deal you are getting.

The three things you need in order to get a good USD to NZD exchange rate

Know the latest USD/NZD market mid-rate.
The closer your final exchange rate is to this real market rate the better deal you are getting.
You should also judge how the current rate compares to the historic rate over the past 10 years.

Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees.
We make that easy to do with our calculators for
Foreign Transfers
and
Travel Money
transactions.

Currency news and forecasts for United States Dollar and New Zealand Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs NZD, you should pay attention to both United States Dollar and New Zealand Dollar news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

New Zealand Dollar (NZD) - Market news and forecasts

28-January-19: The New Zealand dollar has begun 2019 well, with small gains against the US dollar ($0.683) and euro (€0.598). The kiwi remains, however, at relatively low levels by the standards of recent years: in percentage terms, it remains down double digits from 2017 highs relative to USD and EUR.

Several months ago, a good portion of analysts agreed that the kiwi was heading higher in 2019 but, as with the Australian dollar, things have changed. In recent months, investors have become increasingly certain that interest rates in New Zealand will stay at a record low of 1.75 percent for a prolonged period. Inaction on interest rates will force capital away from New Zealand and towards countries where rates are higher or are expected to increase.

Those with a need to consider seriously the future value (6-12 months) of New Zealand’s currency should not underestimate how highly correlated it is with the Australian dollar. Though they flex somewhat against each other, against other major currencies, the Antipodes usually move hand in hand. With that said, readers should be worried about a flurry of grim AUD forecasts coming in early 2019. Among such forecasts was that by a BNP Paribas analyst, who predicted that AUD would get “absolutely crucified,” and that by Capital Economics, which predicted a 16 percent AUD decline.

The foreign exchange rates and products compared on this page and website are chosen from a range of products that bestexchangerates.com (BER) has access to and are not
representative of all the products available in the market. The use of terms "Best" and "Top" are not product ratings and are subject to our disclaimer.
You should consider seeking independent financial advice and consider your personal financial circumstances when comparing products.
We may receive referral fees in relation to your activity on the BER website however this doesn't affect the exchange rates or fees you are charged.